#instacarro

[guiaestilomasculino]

Belezura dentro de casa. ______________________________ #decor #decoracao #carro #carros #instacarro #Porsche #estilo #lifestyle #guiaestilomasculino https://www.instagram.com/p/Bnl4iuHAdbD/?utm_source=ig_tumblr_share&igshid=qhk78ambzjr8

[marianosrj-blog]

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[marianosrj-blog]

Logo Royal Driver #carro #carros #automoveis #automóveis #automóvel #automovel #rodas #veiculo #veículo #veiculos #veículos #nave #meucarro #amocarros #carronovo #quatrorodas #loucosporcarros #instacarro #instacarros #paixaoporcarros #hashtagsemportugues #car #auto #mycar #photooftheday #marianosrj #designercariocarj #marianos #desognercarioca (em Mariano's Site & Hospedagem)

[lucacafici-blog]

How to delegate effectively?

I’ve mentioned in another post that delegating effectively is one of the key skills you need to learn in order to scale your company successfully. In this post I would like to share some of the key learnings I had at InstaCarro in this regard.

1) Choose an Objective Setting tool

One of the issues I started having while delegating tasks to my team was lack of coordination and focus. This started generating anxiety among the management team that didn’t have clarity on what their peers were working on and/or why and also a lot anxiety on myself as it seemed as I say my team didn’t have focus at all.

One of the things we did to solve this issue is started working with quarterly OKRs. In a nutshell OKRs (objectives and key results) is a management tool that will allow your team to define how the work they are doing is connected with the overall strategy of your company.

The way you the process will be conducted Is by asking each of your direct reports, based on the overall strategy of the company to define: • 2 to 3 broad objectives for their area • At least 4 key results for each objective.

Objectives can always be something inspirational and broad; however key results always need to be SMART (Specific, Measurable, Attainable, Relevant and Time based). Thus, an example could be:

Objective #1: Improve customer satisfaction Key Results #1: Implement NPS methodology to measure customer satisfaction up to end of the month Key Result# 2: Achieve an NPS of +20 ...

OKRs are also good because aside giving focus, they will allow their team to delegate the tasks among the team. The example below seems a little bit theoretical but is very easy to understand:

Source: http://content.betterworks.com/goal-setting/getting-started-with-okrs

If you like this tool I suggest reading some additional material to grasp the tool more thoroughly. Otherwise you can look into other objective setting tools. MBO (management by objectives) is another very popular tool. Working only with KPIs is something I don’t recommend as it extremely short-termed and does not always allow you to see the big picture of what’s really going on.  

2) Don’t micro-manage, be a supportive partner

Something I noticed in my experience as an extremely anxious, ambitious and not patient entrepreneur is that when I received feedback that I needed to delegate more I became an absent manager. This is, when a direct report came with a problem I started having attitudes as “don’t bring me problems, bring me solutions” This is a terrible thing to do as you are literally discouraging your team to give you a heads up when they are lost or need your help. At the end of the day your job as a leader is to give direction to your team, and only step in when they ask for help or you see they are lost.

As a result of this, when I realised my team stated to get lost or they asked for help several times I went back to the micro-managing style.

The following framework explained by Kim Scott in her book Radical Candor has been an amazing framework that has helped me a lot to find the right balance and since I started applying it my relation with my team has been healthier and more effective.

Source: Kim Scott, Radical Candor: Be a Kickass Boss Without Losing Your Humanity, St. Martin's Press, March 2017

[factsfeeding]

InstaCarro raises $22 million to tackle Brazil’s $50 billion used-car market

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InstaCarro, a Brazilian-based marketplace for buying and selling used cars, has raised a whopping $22 million in its first institutional round of venture financing. One of the largest early-stage investments for a Brazilian startup, the new financing will be used for product development and international expansion, according to InstaCarro’s co-founder and chief executive, Diego Fischer. A…

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[lucacafici-blog]

When and how to start your company?

In the last year as a result of the buzz InstaCarro has had I’ve been approached by several entrepreneurs or potential ones asking how to make the leap from the corporate world to starting their own company. As a result of that I’ve decided to write some hints that have helped me always I had to take a difficult decision and also to know if your business idea is worth the risk.

1. The No Regret Framework

When I received an offer to move and go to Vietnam to start a company with Rocket Internet I was shocked (more detail here). I didn’t know what to do. After a lot of thought, I realized the following.

 If I didn’t go: I would continue in my routine and little things in my life would change. On the other hand if I decided to go two things could happen...

I could go and things go really well and would open new doors, learn new things, grow personally and professionally.

I could go and things go really bad. If that was the case i thought I would come back in 3 months and look for a new job at home. However, if this happened this experience would still become a life experience with a lot of learnings.

After thinking with this framework I realized that I would have much more to regret/lose If I stayed home than if I decided to go.  It was a no-brainer that I had to go and I'm happy of having to take that decision because this turned out to be one of the best experiences I had in my life. However,, I'm sure that if things had gone bad, I would still be happy of having had the courage of going and would still have learnt plenty of stuff.

2. Don’t wait for the perfect timing

I always talk with friends and colleagues about when is the time to do things. What I generally notice is that we generally tend to procrastinate on big/stressful decisions. We generally do this finding a reason to justify the timing is not the proper one. Or either the economy is not good, good things on work are about to happen, etc. 

At the end of the day the perfect timing will never come and if you are waiting for the perfect timing you will never take that important decision. When you realize it will be too late.

3. What’s your motivation?

It’s always important to have very clear in your mind what’s your motivation for starting your own company. People always think being an entrepreneur is something amazing. But at the end of the day, this comes with a lot of sacrifices and stress.

If your motivation is “I will become rich with this business idea” I recommend you to desist right now. Look for something that touches your inner you; something that will make you proud of doing it regardless of the result. Money generally can be a good motivation to get you started, but that drive will not last long when you start facing the problems all entrepreneurs have to face. See more on: 

4. MVP

If you are thinking of quitting your job to start your own company it’s wise you do an MVP before taking the leap.

Depending on your business idea doing an MVP can be easier or harder. If you are starting a 100% online company, the easy way of doing this is building a landing page, put some money on Google Adwords and start understanding what your customer acquisition cost will be. Some good websites for doing this are Unbounce and Instapage.

Before starting InstaCarro we called more than 300 car owners and simulated we were trying to buy their car. We negotiated with them and reached an agreement (obviously we then desisted as this was a test). We then called +300 car dealers all over Brazil. All of this was done from Argentina using Skype. This helped us understand how hard it would be to buy a car in Brazil, which % of people were willing to negotiate and how inter-state margins worked in Brazil among many other things.

All this to say an MVP can be harder or easier depending on your idea, but at the end of the day what you need to answer is the following: What do I need to believe for my idea to be successful? 

[lucacafici-blog]

How to lead a 170 employees startup?

When I co-founded InstaCarro at 2015 with only three employees, my role was completely different from what is today with one-hundred-seventy.

In this post I’ll try to describe the main challenges I faced in this transition and the main lessons I learnt.

 1. Delegation:  

When InstaCarro started growing we started hiring highly-motivated, self-esteemed and experienced managers. As the managers’ motivation came from feeling accomplished and self-esteemed, the rules of the game changed completely. Until that moment, my co-founder and I were used to solve all the problems the company had. From talking to investors to calling the AC technician.  

However in this new context doing things ourselves didn’t help anymore. I rapidly noticed that my job was no longer about getting things done myself, but enabling others to get things done on their own. Being top-down and/or getting directly involved in the execution of projects ended up de-motivating and generating defensive attitudes among my leadership team. This meant I needed to let my team reach to the answers and solutions that the business needed by themselves.

See my post about delegation here

2. Motivating and inspiring

Delegating may mean that sometimes solving specific problems may take longer. However, if you are able to effectively motivate your team, your execution power will grow 10 times and your job will become much more impactful.

One useful way of motivating and inspiring your team that has been very effective for me is asking them to set objectives and projects that they feel like working in the next months. Delegating this work will make them feel empowered and happy driving motivation and your leverage on them.

3. Trust and courage One of the most important leadership skills an entrepreneur should learn is how to trust his team. Most of the people that’s working in your startup are probably there because they value independence and want to generate change by themselves.

“Trust is the highest form of human motivation. It brings out the very best in people.” – STEPHEN R. COVEY

If you do not sufficiently trust your managers to delegate the execution you either lack the courage you need to lead the company or is time to think in hiring new managers in which you can really rely on.

4. Coordination When you have a couple of managers reporting to you is important you make sure everyone is at the same page and that communication flows properly among each other. This is not easy as dealing with people is not a science.

As the company grows and more people start joining it will become harder motivating them and having everybody in the same direction. If the company grows big enough, internal teams may start forming. This is something you want to avoid at all costs! 

“When dealing with people, remember you are not dealing with creatures of logic, but with creatures bristling with prejudice and motivated by pride and vanity.” Dale Carnegie, How to Win Friends and Influence People

It’s important that as a leader you make sure everyone is united and in the same page. Some tips that have been extremely useful for me were:

• Foster discussion: join your team regularly to discuss random problems. Highlight the importance of solving things as a team and not individually. Sometimes giving an individual owner to a problem is useful for ensuring things get done, but sometimes is also good to build a team to solve a problem. In this way the problem becomes a company one and not an individual one. Let your team discuss, and solve the problems by themselves.Try not to give your opinion on the issue. Despite you may not agree with the direction the meeting is taking is important you keep yourself as quiet as possible to make them feel empowered. With time your team will start meeting by themselves proactively and solving problems without you needing to call for a meeting.

• Do not take sides: It’s important you try not to take sides. If you do, ego’s and insecurities inside individuals may arise and you may start forming teams inside your company. In case you feel you really need to take sides, try doing this in a neutral way, maybe asking a question to foster more discussion. Quoting company’s values and mission is always a very useful way to do this without making feel people is something personal

• Save face: People in South America are very worried about their esteem and do not like to be contradicted in public. If you want to talk about something you didn’t like, do it in private!

In order this to happen is important you motivate a good work environment so that people can talk and give feedback to each other in a constructive way. Once again to avoid chaos is important you stop executing projects by yourself and let your team do their job.

[guiaestilomasculino]

Uma paisagem e um carro que representa muito. Quem lembra? #californication #hankmoody #car #cars #carro #instacarro #porsche #series #style #stylish #california #guiaestilomasculino